An Australian Coal Company Tries Desperately to Sell Coal to Vietnam

Adani’s desperate bid to sell Carmichael coal to Vietnam

Print Friendly, PDF & Email

adani carmichael

The invitation of an Adani Mining executive as a speaker at a “energy roundtable” in Hanoi organised by an Australian government agency is symptomatic of the desperate challenge the company faces getting its Carmichael coal project off the ground.

Adani Mining’s Senior Marketing Manager, Christine Evans, was listed by the Australian Trade Commission (Austrade) to speak on “future supply opportunities, international coal procurement practice” at the roundtable on May 22. Continue reading “An Australian Coal Company Tries Desperately to Sell Coal to Vietnam”

Advertisements

Các công ty bảo hiểm lớn trên thế giới đồng lòng tuyên bố thoái vốn khỏi nhiệt điện than

   |   Viết bởi : Thanh Huyen

Năm 2018, phong trào thoái vốn (divestment) khỏi than liên tiếp nhận được tin vui. Ngày 04/05/2018, AlizanZ, công ty bảo hiểm có tài sản lớn nhất thế giới tại nước Đức đã tuyên bố thắt chặt chính sách cung cấp bảo hiểm cho các dự án khai thác than và sản xuất điện than. Cùng thời điểm đó, công ty bảo hiểm lớn thứ hai tại Nhật Bản là Dai-ichi cũng vừa tuyên bố thoái vốn khỏi các dự án điện than được đầu tư ngoài nước.

Thoái vốn là gì?

Thoái vốn trái ngược với đầu tư, là khi các nhà đầu tư cá nhân hoặc tổ chức rút vốn đầu tư của mình.Thoái vốn ngành nhiên liệu hóa thạch là khi nguồn tài chính được đầu tư theo hướng phát triển phát thải thấp khí nhà kính và thích ứng với biến đổi khí hậu.

Thoái vốn nguyên liệu hóa thạch sẽ chấm dứt nguồn tài trợ để duy trì và phát triển nguồn nguyên liệu này, hạn chế hoạt động của các công ty nhiên liệu hóa thạch, và góp phần đòi lại công bằng cho những cộng đồng chịu tổn hại nặng nề nhất trong thời điểm khủng hoảng của biến đổi khí hậu và hiệu ứng nhà kính. Continue reading “Các công ty bảo hiểm lớn trên thế giới đồng lòng tuyên bố thoái vốn khỏi nhiệt điện than”

1,200 megawatt Vietnam coal plant gets funding, but Standard Chartered pulls out over climate policy conflict

The London-headquartered bank withdrew from the US$1.87 billion coal-fired power plant’s financing consortium, but eight other banks, including Singapore’s OCBC and DBS and Malaysia’s Maybank, closed the deal.

eco-business_What will be one of Vietnam’s largest coal-fired power stations has secured enough funding to get built, but a key member of the financing syndicate has pulled out following a campaign that highlighted a major conflict with the bank’s climate policy.

Financing closed on the US$1.87 billion, 1,200 megawatt Nghi Son 2 coal-fired power plant last week. But London-headquartered Standard Chartered Bank—which was initially part of a consortium of nine banks that includes Singapore’s Oversea-Chinese Banking Corporation (OCBC) and DBS, Malaysia’s Maybank and Japan Bank for International Cooperation—was absent from the final list of financiers.

A campaign by green groups Greenpeace and Market Forces pointed out that by financing the coal plant, StanChart was in breach of its own policy on energy and climate change. That policy rules out providing loans for coal plants above a certain emissions intensity.

The coal financing deal also goes against the Equator Principles, a framework for banks to assess the environmental and social risk of the infrastructure projects they finance, that StanChart signed in 2003.

Vietnam is well-placed for clean energy investment, but Singapore’s major banks continue to miss opportunities to fund a clean energy development pathway, instead locking in polluting coal for decades to come.

Julien Vincent, executive director, Market Forces

Continue reading “1,200 megawatt Vietnam coal plant gets funding, but Standard Chartered pulls out over climate policy conflict”

Standard Chartered ‘breaching climate policy’ with Vietnam coal plant investment

climatechangenews

The London-based bank plans to co-finance Nghi Son 2 power plant, which NGOs say uses dirty old technology, against company and OECD guidelines

A railway coal depot in northern Vietnam (Pic: Flickr/garycycles8)

By Chloe Farand for DeSmog UK

A London-based bank has been accused of breaching its climate pledges over the financing of a heavily polluting coal-fired power plant in Vietnam.

Standard Chartered, a UK bank which supports British companies trading abroad, plans to co-finance the $2.5bn (£1.81bn) Nghi Son 2 coal plant in Thanh Hoa province, Vietnam.
Continue reading “Standard Chartered ‘breaching climate policy’ with Vietnam coal plant investment”

Funding coal in Southeast Asia is ‘collective suicide’

eco-business.com
Experts at the Unlocking capital for sustainability forum observed that the finance sector, hampered by a short-term approach to investing, is lagging on sustainability, and that the financing of coal should be phased out as soon as possible.

Theo chân dòng tiền vào nhiệt điện than ở Việt Nam

Trung ChánhThứ Sáu,  29/12/2017, 07:29 

Một dự án nhiệt điện than đang được xây dựng ở Hậu Giang. Ảnh: TRUNG CHÁNH

(TBKTSG) – Để có công suất điện than hơn 13.000 MW như hiện nay, ngoài việc phải huy động một lượng vốn lên đến gần 40 tỉ đô la Mỹ để xây dựng các nhà máy thì ô nhiễm môi trường cũng là vấn đề được các nhà chuyên môn cảnh báo. Trong khi đó, theo Quy hoạch điện VII điều chỉnh, tổng công suất điện than đến năm 2030 tới 55.000 MW.

Tác hại ghê gớm của nhiệt điện than đến môi trường biển

Lại lo nhiệt điện Trung Quốc

Những ai bơm tiền cho điện than Việt Nam?

Continue reading “Theo chân dòng tiền vào nhiệt điện than ở Việt Nam”

Ngành năng lượng Việt Nam đang đi ngược xu thế

Thứ Ba,  19/12/2017, 09:58 

Ống khói của một nhà máy nhiệt điện chạy than ở khu vực phía Bắc. Ảnh: laodong.vn

(TBKTSG) – Hơn 42% tổng nguồn vốn đầu tư trực tiếp nước ngoài (FDI) mới cam kết được cấp phép trong 11 tháng đầu năm 2017 là đăng ký vào lĩnh vực kinh doanh và phân phối điện. Đáng chú ý, cả ba dự án được cấp phép trong lĩnh vực này đều là xây dựng nhà máy nhiệt điện than.

Cấp phép ba dự án BOT nhiệt điện than

Ngoài tập đoàn Điện lực Việt Nam (EVN) là đơn vị chủ lực thực hiện đầu tư phát triển nguồn điện, Chính phủ đã từng bước hình thành, phát triển thị trường điện cạnh tranh, đa dạng hóa phương thức đầu tư và kinh doanh điện, nhằm khuyến khích các nhà đầu tư trong và ngoài nước tham gia đầu tư các công trình nguồn điện theo hình thức BOT (xây dựng – vận hành – chuyển giao).

Continue reading “Ngành năng lượng Việt Nam đang đi ngược xu thế”

54% of EU coal power is loss-making

carbontracker.org

Coal phase-out by 2030 could cut utility losses by €22 billion

More than half of all coal plants in the EU are loss-making, rising to 97% by 2030, finds a Carbon Tracker report launched today. It warns investors that utilities currently only plan to close 27% of capacity by then and that a complete phase-out of coal by 2030 could stem utility losses by €22 billion ($26bn).

Forthcoming air quality standards and carbon prices are pushing up coal operating costs while clean technology costs continue to fall. The report finds that building new onshore wind and solar PV projects will be cheaper than operating existing coal plants by 2024 and 2027 respectively.

“The changing economics of renewables, as well as air pollution policy and rising carbon prices, has put EU coal power in a death spiral. Utilities can’t do much to stop this other than drop coal or lobby governments and hope they will bail them out.”

Matt Gray, Carbon Tracker analyst and co-author of the report

Carbon Tracker analysed the profitability of every coal unit in the EU to look at the financial implications of a coal phase-out in Europe consistent with the goal of the Paris Agreement.

German utilities RWE and Uniper could avoid losses of €5.3bn and €1.7bn respectively by closing plants by 2030. This strategy would cut losses for all of Europe’s 15 largest coal plant operators, except Italy’s Enel and Romania’s CE Oltenia. Continue reading “54% of EU coal power is loss-making”

Gánh nặng bệnh tật do nhiệt điện đốt than ở Đông Nam Á – Burden of Disease from Rising Coal-Fired Power Plant Emissions in Southeast Asia

 Department of Earth and Planetary Sciences, Harvard University, Cambridge, Massachusetts 02138 United States
 John A. Paulson School of Engineering and Applied Sciences, Harvard University, Cambridge, Massachusetts 02138 United States
§ Greenpeace International, 1066 AZ Amsterdam, The Netherlands
 Department of Geography, University of Colorado, Boulder, Colorado 80309 United States
Environ. Sci. Technol.201751 (3), pp 1467–1476
DOI: 10.1021/acs.est.6b03731
Publication Date (Web): January 12, 2017
Copyright © 2017 American Chemical Society
*Phone: 617 496 9428; e-mail: skoplitz@fas.harvard.edu.

ACS AuthorChoice – This is an open access article published under an ACS AuthorChoice License, which permits copying and redistribution of the article or any adaptations for non-commercial purposes.

Abstract

Abstract Image

Southeast Asia has a very high population density and is on a fast track to economic development, with most of the growth in electricity demand currently projected to be met by coal. From a detailed analysis of coal-fired power plants presently planned or under construction in Southeast Asia, we project in a business-as-usual scenario that emissions from coal in the region will triple to 2.6 Tg a–1 SO2 and 2.6 Tg a–1 NOx by 2030, with the largest increases occurring in Indonesia and Vietnam. Simulations with the GEOS-Chem chemical transport model show large resulting increases in surface air pollution, up to 11 μg m–3 for annual mean fine particulate matter (PM2.5) in northern Vietnam and up to 15 ppb for seasonal maximum 1 h ozone in Indonesia. We estimate 19 880 (11 400–28 400) excess deaths per year from Southeast Asian coal emissions at present, increasing to 69 660 (40 080–126 710) by 2030. 9000 of these excess deaths in 2030 are in China. As Chinese emissions from coal decline in coming decades, transboundary pollution influence from rising coal emissions in Southeast Asia may become an increasing issue.

Continue reading “Gánh nặng bệnh tật do nhiệt điện đốt than ở Đông Nam Á – Burden of Disease from Rising Coal-Fired Power Plant Emissions in Southeast Asia”

Loạt bài về nhiệt điện than trên trang Năng lượng Việt Nam

TĐH: Mình vừa thấy vài loạt bài rất interesting, hỗ trợ nhiệt điện than, trên trang Năng lượng Việt Nam của Hiệp hội Năng lượng Việt Nam. Đặt links ở đây để các bạn tiện tham khảo.

Vì sao Việt Nam cần phát triển nhiệt điện than? (Bài 1)
Vì sao Việt Nam cần phát triển nhiệt điện than? (Bài 2)
Vì sao Việt Nam cần phát triển nhiệt điện than? (Bài 3)
Vì sao Việt Nam cần phát triển nhiệt điện than? (Bài 4) Continue reading “Loạt bài về nhiệt điện than trên trang Năng lượng Việt Nam”

Trong khi Bắc Kinh phát triển Năng lượng tái tạo, thì các công ty Trung Quốc xây nhiệt điện than ở Việt Nam và các nước nghèo – As Beijing Joins Climate Fight, Chinese Companies Build Coal Plants

When China halted plans for more than 100 new coal-fired power plants this year, even as President Trump vowed to “bring back coal” in America, the contrast seemed to confirm Beijing’s new role as a leader in the fight against climate change.

But new data on the world’s biggest developers of coal-fired power plants paints a very different picture: China’s energy companies will make up nearly half of the new coal generation expected to go online in the next decade.

Continue reading “Trong khi Bắc Kinh phát triển Năng lượng tái tạo, thì các công ty Trung Quốc xây nhiệt điện than ở Việt Nam và các nước nghèo – As Beijing Joins Climate Fight, Chinese Companies Build Coal Plants”

HSBC accused of breaking EU sanctions rules by co-financing Vietnam coal plant

HSBC might be breaking European Union rules on working with Russian banks by funding a new 1,200 megawatt coal-fired power station in Vietnam. The bank, which recently announced a US$100 billion fund to fight climate change, denies this.

 eco-business_HSBC, one of the world’s largest financial services groups, may have broken European Union (EU) sanctions regulations by working with a Russian bank on the financing of a new coal-fired power plant in Vietnam, according to an investigation by Market Forces, an environmental group that campaigns against the funding of fossil fuel power projects.

The London-based global banking giant is the lead arranger and global coordinator for the financing of LongPhu1, a 1,200 megawatt coal-fired power station that is also being funded by Russian development bank Vnesheconombank. Continue reading “HSBC accused of breaking EU sanctions rules by co-financing Vietnam coal plant”

Ministries want to recycle coal power waste

Last update 15:47 | 06/10/2017

The Ministry of Industry and Trade and the Ministry of Construction hold a conference about recycling ash and slag waste from coal power plants as construction materials for the Mekong Delta on October 3.

Ministries want to recycle coal power waste, Vietnam environment, climate change in Vietnam, Vietnam weather, Vietnam climate, pollution in Vietnam, environmental news, sci-tech news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet   

Mai Xanh Company recycle waste as construction materials.

Vietnam has 21 coal power plants and it will have 57 plants by 2030 in accordance with the electric planning approved by the prime minister on March 18, 2016. Continue reading “Ministries want to recycle coal power waste”

The Coal Battle Shifts to Southeast Asia

As China and India shift away from coal, the fight to end use of this dirty fuel is moving south

Coal is on the way out years ahead of schedule in China and India. A recent report by CoalSwarm (an Earth Island Project), Sierra Club, and Greenpeace showed that, in 2016, that Asia’s two fastest growing economies are shutting down mines, scrapping coal plant plans, and building renewables far faster than nearly anyone expected just a few years ago.

coal barge on a riverPhoto by Andrew Taylor/WDMA coal barge on the Mahakam river in Central Kalimantan. President Joko Widodo’s plans to increase power supply in Indonesia is focused almost entirely on coal use. Continue reading “The Coal Battle Shifts to Southeast Asia”

Experts fear as coal ash, slag mounting in Vietnam’s Mekong Delta

The lack of an effective treatment process has resulted in mountains of the coal-fired electric power plants’ byproducts collecting in the delta

By Tuoi Tre News

October 4, 2017, 13:59 GMT+7

​Experts fear as coal ash, slag mounting in Vietnam’s Mekong Delta
The land where coal ash is dumped at a coal-fired power plant in south-central Vietnam.
Huge mountains of coal ash are looming large in southern Vietnam’s Mekong Delta, experts said at a conference on Tuesday.

Most coal-fired electric power plants produce coal ash in the form of fly and bottom ash, left after coal is combusted.

During the coal-burning process, fine powdery fly ash is carried up the smoke stack, while the coarser bottom ash, also known as slag, falls to the bottom. Continue reading “Experts fear as coal ash, slag mounting in Vietnam’s Mekong Delta”